Description: (Bloomberg) — BorgWarner Inc.’s attempt to garner more respect from investors for its effort to shift to electrification fell flat, triggering an 8% slide in the auto-parts maker’s shares on the day it presented its strategic vision.
Source: Yahoo.Finance.com and Bloomberg.com
Date: Mar 24, 2021
Questions for discussion:
- Explain the stock price movements.
- Do you think the company is a good buy at this time?